Omaha area REO (Real Estate Owned) market stats for November 2018. The foreclosure market is very light and buyer competition for new listings is high.
There was 11 sold (closed) REO homes sold in the Omaha area MLS for the month of November 2018. Comparing last month sale rate 11 sold to the current 18 active REO listings, the REO market has 1.64x months’ inventory. This rate indicates a strong market.
Information was pulled from the Great Plains Omaha Board of Realtors Multiple Listing Service 12/5/2018; OABR deems information reliable but not guaranteed. Prepared by Steve Lauver—REALTOR Data does not include any private home sales
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